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Braze, Inc. BRZE Income Taxes Payable

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Other financials

Income statement

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Revenue$211.0M+30.2%
Gross profit$138.7M+24.7%
Operating income-$27.5M+31.6%
Net income-$26.6M+25.7%
EPS (diluted)-$0.24+29.4%

Balance sheet

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Cash & equivalents$149.3M-35.7%
Total debt$81.5M-6.7%
Total equity$581.7M+22.6%
Total assets$1.1B+22.7%

Cash flow

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Operating cash flow$28.1M+16.5%
CapEx$108.0K-50.2%
Free cash flow$28.0M+17.1%

Valuation

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Market cap$2.99B+11.8%
Enterprise value$2.92B+9.3%
P/S3.8×-0.3×

Profitability

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Gross margin66.5%-3.0pp
Operating margin-16.8%-2.2pp
Net margin-15.5%-1.1pp
FCF margin8.4%

Returns & leverage

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Return on equity-23.1%+0.3pp
Debt / equity0.1×0.0×
Current ratio1.2×-0.7×

Where this comes from

Reported directly by Braze, Inc. in its filing.

Tagged under the XBRL concept us-gaap:TaxesPayableCurrent.

The source filing: Braze, Inc.’s 10-Q, filed May 28, 2026.

Filed
May 27, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001676238-26-000027

collect sales tax under certain circumstances. We began collecting sales tax in relevant jurisdictions for the fiscal year ended January 31, 2019. We continue to evaluate jurisdictions in which indirect tax nexus exists and believe our indirect tax liabilities are adequate and reasonable. Due to the complexity and uncertainty in applying these rules, results may vary materially from expectations. Accordingly, we have recognized liabilities for contingencies related to state sales and use tax, VAT, and GST deemed probable and estimable totaling $1.5 million and $1.4 million as of April 30, 2026 and January 31, 2026, respectively, which is included in accrued expenses and other current liabilities on the consolidated balance sheets.

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Braze, Inc.'s income taxes payable?
Braze, Inc. (BRZE) reported income taxes payable of $1.5M in Q1 2026.
How has Braze, Inc.'s income taxes payable changed year-over-year?
Braze, Inc.'s income taxes payable decreased by 54.5% year-over-year, from $3.3M to $1.5M.
What is the long-term trend for Braze, Inc.'s income taxes payable?
Over 4 years (2022 to 2026), Braze, Inc.'s income taxes payable has grown at a 1.9% compound annual growth rate (CAGR), from $1.3M to $1.4M.
What does income taxes payable mean?
Current income taxes owed to federal, state, and local tax authorities for the current and prior periods.

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